Showing 1 - 10 of 17
seller competition and limited consumer information. Fair behavior in the market is slightly lower than that measured in …
Persistent link: https://www.econbiz.de/10011240395
I present a game-theoretic model where economic competition and attention competition are interdependent. On the one … price competition among all perceived firms. On the other hand attracting attention involves costs which must be covered by … the earnings from competition. It is the task of this paper to clarify the consequences of such an interdependence between …
Persistent link: https://www.econbiz.de/10009321753
be regarded as pure polyarchy, the broadest form of political competition, and a robust mechanism for disciplining …-off between cooperation and competition. We also provide evidence indicating that Choice Democracy would be viable in the real …
Persistent link: https://www.econbiz.de/10009358880
We show that professional soccer players exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that a player breaches the rules of the game, measured by the referee’s assignment of...
Persistent link: https://www.econbiz.de/10010817299
Is competition perceived as a fair procedure? We report data from laboratory experiments where a powerful buyer can …
Persistent link: https://www.econbiz.de/10010817309
robustness by introducing competition between agents. We find that communication and competition act as "substitutes …:" communication raises efficiency in the absence of competition but lowers efficiency with competition, and competition raises …
Persistent link: https://www.econbiz.de/10010604134
Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this hypothesis in a canonical buyer-seller relationship with renegotiation. Our paper provides causal experimental evidence that an initial contract has a highly significant and...
Persistent link: https://www.econbiz.de/10010604136
seller competition and limited consumer information, and it responds to costs and prices in a manner consistent with a model …
Persistent link: https://www.econbiz.de/10010891910
competition among firms leads to an increase in the variety of developed projects and a decrease in the amount of duplication of …
Persistent link: https://www.econbiz.de/10010888524
Using a general two-stage framework, this paper gives sufficient conditions for increasing competition to have negative … relatively narrow definitions of increasing competition. The paper also shows that competition is more likely to increase the … investments of leaders than those of laggards. When R&D-spillovers are strong, competition is less likely to increase investments …
Persistent link: https://www.econbiz.de/10005756639